United States Housing Market Overview 3.2%1-year Market Forecast(December 31, 2024) 1,097,046For sale inventory(December 31, 2024) 246,916New listings(December 31, 2024) 0.993Median sale to list ratio(November 30, 2024) $353,000Median sale price(November 30, 2024) ...
California Housing Market Overview --1-year Market Forecast 74,647For sale inventory(December 31, 2024) 18,813New listings(December 31, 2024) 1.000Median sale to list ratio(November 30, 2024) $731,667Median sale price(November 30, 2024) $726,229Median list price(December 31, 2024) 42.6%...
This year’s home sales are the worst in 40 years with no end sight for housing supply. The next 6 month forecast is subdued as mortgagees face refinancing woes at much higher rates for a big increase in monthly mortgage payments. The thinking is that if the economy gets rolling again, ...
Over the next 12 months, Zillow predicts that U.S. home values will climb 1.4%. Here's the forecast for your local housing market.
Zillow found that the Midwest, Great Lakes and East Coast were home to all of 2024’s hottest housing markets. Buffalo, New York will be a hot housing market in 2024 Zillow revealed it expects Buffalo, New York to be the nation’s hottest housing market in 2024. According to the company...
Zillow forecastBuffaloto be the hottest market in 2024, and that prediction proved prescient. Sellers held a strong advantage in negotiations there throughout last year, according toZillow's market heat index. Buffalohas the most new jobs per new home permitted — a measure of expected demand. ...
Why is Zillow raising its 2022 home price growth forecast? A lot of it boils down to housing inventory. During the pandemic, inventory plunged to a four-decade low as more buyers rushed into the market. That trend was predicted to reverse late last year as forbearance protection programs laps...
However, the panel also projected that home prices could bump back up at an average rate of 3.5% per year from 2024 to 2027. In addition, Zillow predicted home values would grow by only about 0.2% throughout the year, according to its latest in-house forecast. ...
Zillow's shares rose 22% Thursday morning. Zillow Stock Has Surged Since New CEO Named in August Zillow is projecting fourth-quarter revenue in the range of $525 million to $540 million and said it is sticking with its forecast for full-year double-digit revenue growth. ...
One of the unique features Zillow has is an estimated market value tool calledZestimate, which is a starting point for determining a home’s market value or monthly rental price. This estimate is based on public data like neighborhood market guides andforecast calculations. ...